Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Celanese to Sell Additional 19% Nutrinova Stake to Mitsui for $152 Million

Celanese to Sell Additional 19% Nutrinova Stake to Mitsui for $152 Million

MT newswireMT newswire2026/08/31 21:00
05:00 PM EDT, 08/31/2026 (MT Newswires) -- Celanese (CE) said late Monday it has agreed to sell an additional 19% stake in its Nutrinova food ingredients business to Mitsui & Co. for about $152 million. The transaction is part of Celanese's deleveraging efforts and will leave the company with an 11% interest in the joint venture. The deal is expected to close in Q4, the company said. Celanese also agreed to own and operate a diketene production facility in Frankfurt, Germany, for a transitional period before transferring it to Nutrinova.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

siRNA rising star ADARx (ADRX.US) launches $350 millions IPO, AbbVie subscribes to 4.9% of shares with a maximum investment of $100 millions

ADARx plans to raise $350 millions and list on Nasdaq. AbbVie will invest up to $100 millions to acquire a 4.9% stake, with a median valuation of $1.8 billions.

智通财经2026/09/22 07:21

Roche (RHHBY.US) weight loss injection shows positive mid-term trial results: average weight loss of 15.5% over 48 weeks, blood sugar levels drop by 2.65%.

The experimental weight-loss injection enicepatide simultaneously lowered blood sugar and body weight in overweight or obese patients with type 2 diabetes during a mid-stage clinical trial.

智通财经2026/09/22 07:11

SPAC company Silicon Valley Acquisition II (SVATU.US) applies for US stock IPO, aiming to raise up to 220 millions USD.

The blank-check company (SPAC) Silicon Valley Acquisition II submitted a filing to the U.S. Securities and Exchange Commission (SEC) on Monday, planning to raise up to 220 millions USD through an initial public offering (IPO).

智通财经2026/09/22 07:11